April 2014 – WASHINGTON – World War 3 is on the lips of many, even a White House aide to President Barack Obama, because of the threat Russia poses to Ukraine. But, as one Kremlin-backed journalist recently said, should we be worried about Russia’s nuclear weapons reducing the “United States into radioactive ash?” In a related report by The Inquisitr, Vladimir Putin had a nuclear ICBM test-fired just as he confronted President Obama publicly via the media. After a Russian Black Sea fleet commander issued an ultimatum for war, the Ukrainian military base in the Crimea was surrounded, and the Russians even sunk a ship in order to block the Ukrainian navy from escaping. The Crimiean crisis reached a head when this navy base was invaded. Ever since then, the United States has responded by putting economic pressure on Russia, but others are worried events may escalate out of control. The first major political figure to mention World War 3 was former Ukrainian president Leonid Kravchuk: “They have gone beyond their base and occupied Crimea – it is conquered territory. Russia violated the Budapest Memorandum. Ukraine has every reason to go to international arbitration. I call on the Russian authorities to stop. Between our peoples should not be war. Does Russia not understand that this is the beginning of World War 3?”
The possibility that Russia may not stop at simply annexing Crimea is already being discussed at the White House. Tony Blinken is deputy national security adviser to President Obama. Speaking on the massing of troops along Ukraine’s border, Blinken says “it’s possible they are preparing to move in.” The possibility for World War 3 was touched on when Obama’s aide mentioned that the United States is “looking at providing military assistance to Ukraine” despite saying “it’s very unlikely to change Russia’s calculus and prevent an invasion.” Russia has already officially claimed they do not intend to cross over into Ukraine with their armies, but the Kremlin also officially said the Russian Black Sea fleet did not issue a war ultimatum even though many independent journalists heard it blaring over megaphones with their own ears. While Russia’s nuclear weapons are unlikely to target the United States any time soon, there remains another threat. Iran is still developing its nuclear programs, and now even Egypt is talking about developing nuclear weapons. All of this is backed by Russia’s nuclear technology. At this time, Blinken says the United States is focusing on waging economic warfare with Russia.
Russia has responded by working more closely with China, with the latter country buying up gold in large volumes. Some say the ultimate way to fight an economic Cold War would be to create a new gold-backed currency standard that could possibly replace the US dollar. China has also been working on divesting itself of US bonds so our $17.5 trillion in debt won’t effect them nearly as much in the long run. James Rickards agrees that World War 3 might be more of a paper fight than anything else: “Financial warfare is all we have…. Russia can fight back with their own forms of economic warfare. If the US does something more extreme, like freezing Putin’s assets, freezing Russian state assets, they will strike back. They can refuse to pay their dollar debt, they can freeze US assets, and they can do worse. They can unleash their hackers to take down the New York Stock Exchange. So no one wants to go there, no one wants to escalate.” Are you worried that even if World War 3 takes the form of economic warfare that the United States may lose due to its heavy federal debt? –Inquistr